Impairments. EPS and Adjusted Net Income for each year during the Award Period shall be adjusted to eliminate any charges taken by the Company during the year for impairment of assets (excluding utility plant assets), that exceed $500,000 for any single impaired asset.
Appears in 3 contracts
Samples: Performance Share Long Term Incentive Agreement (Northwest Natural Gas Co), Long Term Incentive Award Agreement (Northwest Natural Gas Co), Long Term Incentive Award Agreement (Northwest Natural Gas Co)
Impairments. EPS and Adjusted Net Income for each year during the Award Period shall be adjusted to eliminate any charges taken by the Company during the year for impairment of assets (excluding utility plant assets), that exceed $500,000 350,000 for any single impaired asset.
Appears in 2 contracts
Samples: Long Term Incentive Award Agreement (Northwest Natural Gas Co), Long Term Incentive Award Agreement (Northwest Natural Gas Co)
